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i want the answer of c and d please The following financial information pertains to the results of Future Islamic Bank at the end of
i want the answer of c and d please The following financial information pertains to the results of Future Islamic Bank at the end of 2021: Average account balances: Banks policy states that for liquidity purposes, the bank keeps the following percentages in cash of each fund to meet expected withdrawals: The bank's policy states that in profitable years the accounts profit equalization reserve the investment risk reserve should be credited by a maximum of 7% and 3%, respectively. The board decides on the amount transferred to these accounts at the end of each year. In 2020 the board decided to apply the maximum percentages stated in the policy. The profit sharing ratio is 30% to the clients (investors). C. The following financial information pertains to the results of Future Islamic Bank at the end of 2021: Average account balances: Banks policy states that for liquidity purposes, the bank keeps the following percentages in cash of each fund to meet expected withdrawals: The bank's policy states that in profitable years the accounts profit equalization reserve the investment risk reserve should be credited by a maximum of 7% and 3%, respectively. The board decides on the amount transferred to these accounts at the end of each year. In 2020 the board decided to apply the maximum percentages stated in the policy. The profit sharing ratio is 30% to the clients (investors). C
i want the answer of c and d please
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